Kippreport investigates if oil prices aren’t the only cause for the market slumpAugust 27, 2015 12:00
Once a staple, meat now a luxury as prices skyrocket.
In Egypt, soaring meat prices have prompted a one-day meat boycott in restaurants and butcher shops
April 28, 2010 12:25 by kippreport
Meat is now a treat, this reporter explains, with meat prices in Egypt continuing a dramatic upward trend. The alarming rise in price led organizers to call for a meat-free day, asking restaurants and others to participate in a meat boycott.
In a middle-class Cairo neighborhood, one butcher claims red meat prices have shot up 25 percent within the last month, with a kilogram of beef now priced at around $10. The alarming escalation in food prices has some critics calling on the government to better control pricing in the industry.